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Small Business Support: Innovation Programs Extended to 2030.

This act extends key programs supporting small businesses in developing innovative technologies, such as SBIR and STTR, until 2030. This means more funding opportunities for entrepreneurs and researchers, potentially leading to new products and services, positively impacting the economy and job market.
Key points
Small business support programs (SBIR/STTR) are extended until September 30, 2030, ensuring stable funding for innovation.
More federal agencies will be able to directly fund Phase II projects, accelerating technology development.
Funding limits for some agencies have been increased, meaning more resources available for innovative projects.
Commercialization readiness programs for civilian agencies are also extended and expanded.
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Additional Information
Print number: 119_HR_3851
Sponsor: Rep. Olszewski, Johnny [D-MD-2]
Process start date: 2025-06-09